Ashish Polyplast Limited

Manufacturer and trader of braided and flexible hoses for various industries, with global exports.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 30, 2024

Ashish Polyplast Profile

Key Indicators

  • Authorised Capital ₹ 3.75 Cr
  • Paid Up Capital ₹ 3.40 Cr
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.40 Cr
  • Satisfied Charges ₹ 2.53 Cr
  • Revenue Growth -2.34%
  • Profit Growth -41.13%
  • Ebitda -1.55%
  • Net Worth 3.12%
  • Total Assets 6.37%

About Ashish Polyplast

Ashish Polyplast Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 February 1994 and has a history of 30 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522241 and on the National Stock Exchange(NSE) under MMFL.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.75 Cr and a paid-up capital of Rs 3.40 Cr.

The company currently has active open charges totaling ₹3.40 Cr. The company has closed loans amounting to ₹2.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashish Polyplast Limited India are Kalpesh Kansara as CFO and Aayushi Soni as Company Secretary. Ashish Panchal, Kantaben Panchal, Rakesh Panchal, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17110GJ1994PLC021391

  • Company No.

    021391

  • Stock Symbol

    BSE : 522241 NSE : MMFL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1994

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Ashish Polyplast Limited offer?

Ashish Polyplast Limited offers a wide range of products and services, including Hoses & Hose Fittings, Rubber Hose, Duct Hose, Garden Hose Pipe, Hose Pipes, Industrial Hoses, Suction Hose, Water Hose Pipe.

Who are the key members and board of directors at Ashish Polyplast?

Executive Team (3)

Name Designation Appointment Date Status
Ashish Panchal Country flag representing In Managing Director 16-Jan-2001 Current
Kalpesh Kansara Country flag representing In CFO 05-Jul-2017 Current
Aayushi Soni Country flag representing In Company Secretary 08-Apr-2019 Current

Board Members (3)

Name Designation Appointment Date Status
Kantaben Panchal Country flag representing In Director 07-Apr-1996 Current
Rakesh Panchal Country flag representing In Director 28-Feb-2014 Current
Khushbu Kansara Country flag representing In Director 30-Aug-2022 Current

Financial Performance of Ashish Polyplast.

Ashish Polyplast Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.34% decrease. The company also saw a substantial fall in profitability, with a 41.13% decrease in profit. The company's net worth moved up by a moderate rise of 3.12%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-2.34%
Revenue from Operations
-1.28%
Total Assets
6.37%
Profit or Loss
-41.13%
Net Worth
3.12%
EBITDA
-1.55%

What is the Ownership and Shareholding Structure of Ashish Polyplast?

In 2022, Ashish Polyplast had a promoter holding of 62.09% and a public holding of 37.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.40 Cr

Satisfied Charges

₹2.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr
  • Hdfc Bank Limited : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
07 Nov 2022 Hdfc Bank Limited ₹3.98 M Open
29 Jan 2016 Others ₹3.00 Cr Open
06 Jan 2003 Canara Bank ₹0.08 M Satisfied
21 May 2001 Canara Bank ₹0.23 M Satisfied
15 Mar 2001 Canara Bank ₹0.04 M Satisfied

How Many Employees Work at Ashish Polyplast?

Ashish Polyplast has a workforce of 15 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashish Polyplast, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ashish Polyplast's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ashish Polyplast

Recent activity within the organization

  • Annual General Meeting

    Ashish Polyplast Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Ashish Polyplast Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100645322 was registered on 07 Nov 2022.

    07 Nov 2022

  • Director Appointment

    Khushbu Mahendrabhai Kansara was appointed as a Director was appointed as a Director on 30 Aug 2022 & has been associated with this company since 2 years 5 months .

    30 Aug 2022

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 29 Jan 2016 with Charge ID 10616444 was modified on 28 Oct 2021.

    28 Oct 2021

  • Director Appointment

    Kalpesh Navinchandra Kansara was appointed as a Cfo was appointed as a Cfo on 05 Jul 2017 & has been associated with this company since 7 years 7 months .

    05 Jul 2017

Frequently asked questions

  • Ashish Polyplast Limited was incorporated on 25 Feb 1994.

  • The authorized share capital of Ashish Polyplast Limited is ₹ 3.75 Cr and paid-up capital is ₹ 3.40 Cr.

  • Currently 6 directors are associated with Ashish Polyplast Limited.

    • Ashish Dahyabhai Panchal
    • Kantaben Panchal
    • Rakesh Narottamdas Panchal
    • Khushbu Mahendrabhai Kansara
    • Kalpesh Navinchandra Kansara
    • Aayushi Prakashbhai Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashish Polyplast Limited is A/305 Samudra Complex Nearhotel Klassic Gold Off, C G Road, Ahmedabad, Gujarat, India, 380006.

  • The corporate identification number (CIN) of Ashish Polyplast Limited is L17110GJ1994PLC021391 and the company number is 021391 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ashish Polyplast Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MMFL.

  • The Official website of Ashish Polyplast Limited is https://www.ashishpolyplast.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashish Polyplast Limited has fallen by -2.34%.

  • As Per 2023 financial reports, 15 employees are currently employed by Ashish Polyplast Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashish Polyplast Limited has experienced an upsurge of 3.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashish Polyplast Limited amount to ₹ 3.40 Cr.

  • The most recent Balance Sheet for Ashish Polyplast Limited was filed with the ROC on 31 Mar 2023.

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